'We're Here To Stay' Says Newly Confirmed Consumer Watchdog : The Two-WayAfter two years of political bickering, Richard Cordray has been confirmed as head of the Consumer Financial Protection Bureau. He thinks that, in the end, his agency has won bipartisan support for the work it will do.

"It was a bipartisan vote to confirm me as director — 66 to 34 — and I like to think that reflects the fact that people recognize the work we're doing benefits constituents in every state," Cordray told All Things Considered host Audie Cornish.

Before Cordray could get confirmed, of course, there had to be a "showdown" over filibuster rules that had held up his nomination and those of some others — capped by an extraordinary behind-closed-doors meeting of nearly all 100 senators. And a deal had to be struck that saw President Obama withdraw two nominees for posts on the National Labor Relations Board in order to get Republicans to agree to votes on the nominations of Cordray and a few others.

With all that now behind, Cordray said his bureau is going to focus on exposing "deceptive and misleading marketing" schemes, "debt traps" that such consumers in over their heads financially and on educating consumers so that they aren't "just lambs to slaughter" when it comes to dealing with those looking to manage their investments.

"We're here to stay," he said of the bureau, which was created over the opposition of many Republicans.

We'll add the as-aired interview with Cordray to the top of this post later.